What is the spot price of platinum?

It is the current wholesale market price for one troy ounce of platinum for immediate delivery.

Does the U.S. Mint make platinum coins?

Yes. The American Platinum Eagle has been struck since 1997 in .9995 fine platinum.

Why do platinum coins cost more than the spot price?

Spot is the price of raw metal for immediate delivery in large wholesale amounts. A coin adds the cost of minting, distribution and, for certified coins, grading, plus whatever collectors will pay for its rarity, grade or label. That difference is called the premium.

Platinum spot price

The live spot price of platinum in U.S. dollars per troy ounce. Platinum trades in a smaller market than gold or silver, and much of the supply goes to industry.

Chart by TradingView. Spot quotes for information only; they are not our buy or sell prices.

Platinum price questions

What is the spot price of platinum?: It is the current wholesale market price for one troy ounce of platinum for immediate delivery.
Does the U.S. Mint make platinum coins?: Yes. The American Platinum Eagle has been struck since 1997 in .9995 fine platinum.
Why do platinum coins cost more than the spot price?: Spot is the price of raw metal for immediate delivery in large wholesale amounts. A coin adds the cost of minting, distribution and, for certified coins, grading, plus whatever collectors will pay for its rarity, grade or label. That difference is called the premium.